Current Affairs Quiz - April 2022

Notes:
The Union Cabinet has approved USD 808 million (₹6,062.45 crore) for a new scheme ‘Raising and Accelerating MSME Performance’ (RAMP).
The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23. It aims to improve access to market and credit of the MSMEs. It focuses on strengthening institutions and governance of the MSME programme, and support to market access and access to finance.

Notes:
Konkan Railway has recently completed 100 per cent electrification across the zone and it has set new benchmarks for sustainable development.
The Konkan Railway has completed the electrification work on its complete 741 km long route between Roha in Maharashtra and Thokur in Karnataka. The cost of this electrification project is Rs 1287 crore.

Notes:
The Indian Ocean Naval Symposium (IONS) held its maiden Maritime Exercise 2022 (IMEX-22) at Goa and in Arabian Sea.
22 Observers from 15 IONS member navies, including Australia, Bangladesh, France, India, Sri Lanka, UAE and UK among others also participated in the exercise. IMEX – 22 was conducted in two phases with Harbour Phase at Mormugao Port, Goa from followed by a Sea Phase in the Arabian Sea.

Notes:
The Centre through Agricultural and Processed Food Export Development Authority (APEDA) is facilitating trial shipments into new global markets for Indian niche G-I tagged agricultural products.
Bihar’s GI tagged Shahi Litchi was exported from Muzaffarpur district of Bihar to London last year. As on date, there are 417 registered GI products and of them, around 150 GI tagged products are agricultural and food products.

Notes:
Jammu and Kashmir is the first India’s first Union Territory to launch its MyGov platform. It was launched by Lieutenant Governor Manoj Sinha.
The platform aims for citizen engagement and achieve the goal of ‘Good Governance’. It was launched by Prime Minister Narendra Modi in 2014. At present, MyGov has more than 2.29 Crore registered users named MyGov Saathis.

Notes:
SEBI Chairperson Madhabi Puri Buch launched the ‘Manthan’, a six-week long ideathon, in association with various institutions including BSE, NSE, NSDL, CDSL, KFintech, CAMS, LinkInTime and MCX.
It will facilitate the creation of a set of ideas and innovative solutions related to the securities market in India.

Notes:
Gujarat’s Surat has become the first city in the country to get a processed steel slag (industrial waste) road.
It has been built as part of a joint-venture project by the Council of Scientific and Industrial Research (CSIR), Central Road Research Institute (CRRI), Union Ministry of Steel, NITI Aayog, and Arcelor-Mitttal-Nippon Steel. The slag is generated from a steel furnace in the form of molten flux material as an impurity.

Notes:
Directorate General of Foreign Trade, under the aegis of the Ministry of Commerce and Industries is responsible for the Foreign Trade Policy (DGFT) of India.
Recently, the DGFT announced that the existing Foreign Trade Policy 2015-20, which is valid upto March 31, 2022 is extended up to September 30, 2022. After the outbreak of Covid-19, the policy was first extended by a year to the end of March 2020.

Notes:
HDFC Bank and HDFC Limited recently announced the merger of the two entities. HDFC Bank, India’s largest private sector bank by assets, has a market cap of Rs 8.35 trillion.
HDFC Limited, India’s largest housing finance company with Assets Under Management (AUM) worth Rs 5.26 trillion and a market cap of Rs 4.44 trillion will merge with HDFC Bank. The subsidiary or associates of HDFC Limited will also be transferred to HDFC Bank, after regulatory approvals.

Notes:
The Ministry of Civil Aviation has launched International Air Connectivity Scheme (IACS) scheme (International UDAN) to enhance air connectivity from certain States of the country with selected international destinations.
The State Government of Assam, Manipur and Tripura have identified routes connecting Guwahati, Imphal and Agartala with selected international destinations.